504 N Forest Avenue
About This Property
Not far from Gentry Ave. this 927 sq ft. home has 2 or 3 bedrooms and one bath and a screened porch that looks at almost .75 acres with great shade trees.
There is a one car carport and a new roof as of 2022.
The window units will stay with the home.
Ramey Elementary school and Tyler High School.
Great area for an investment property.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by Keller Williams Realty Tyler | $100,000 | |
| Listed by Keller Williams Realty Tyler | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20350926
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017